What does this entail?
Examinership is a court-supervised restructuring process that provides a company with temporary protection from creditor enforcement while its financial viability is assessed. During the moratorium period, an Examiner or an Interim Examiner evaluates the company’s prospects of survival and puts forward proposals to classes of creditors for a restructuring plan designed to preserve employment, as well as the business and assets as a going concern.
The process allows for debt restructuring, renegotiation of contracts, thus attracting potential investment, while balancing creditor interests with the objective of business survival. Court oversight ensures transparency and fairness throughout.
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Chris Iacovides
Chief Executive Officer
Andri Antoniou
Director - Licensed Insolvency Practitioner
Marios Kofteros
Director - Licensed Insolvency Practitioner
When is it appropriate?
Examinership is appropriate where a company is facing immediate financial pressure or imminent creditor enforcement but has a reasonable prospect of survival if afforded temporary court protection. It is often used in situations where urgent intervention is required to stabilise operations, preserve value and protect employment.
Early advice is critical, as timing and eligibility are key considerations in determining whether examinership is viable.
How we can help
CRI Consulting supports companies and stakeholders throughout the examinership process, including the drafting of the Independent Expert’s Report and in the event of an Examiner and/or Interim Examiner being appointed, assisting the board of directors with the preparation of proposals to creditors.
Next steps
Early advice is critical. Contact our team to discuss examinership options and timing considerations.
Key Benefits
A formal pathway to business survival
- Court protection from creditor action
- Opportunity to restructure liabilities
- Preservation of jobs and operations
Experienced, Trusted Advisers
Our services are delivered by experienced, qualified professionals who follow a structured and transparent process, from initial assessment through to implementation. We combine technical expertise with a practical approach to ensure each engagement is managed professionally and focused on achieving appropriate outcomes for all stakeholders.